United States: Coffee quotes on the ICE exchange jumped by 8%
코코아콩
게시됨 2023년 2월 20일
Tridge 요약
From February 10 to February 17, an increase in coffee and cocoa quotations and a fall in sugar quotations were observed on the ICE exchange, KazakhZerno.kz reports.
원본 콘텐츠
For the week, the forecast for the production of beet and cane sugar in the US has not changed. The increase in the production of granulated sugar from sugar beet compensates for the decline in the production of cane sugar. According to the USDA forecast, in 2022/2023, 9.23 million tons of beet and cane sugar will be produced. The volume of issuance will be the second largest on record. The growth of coffee quotes in the US was largely due to the situation on the world market. According to the Vietnamese customs, in January, Vietnam exported 142.544 thousand tons of coffee beans (-27.7% compared to the data for December 2022) for $310 million (-27% compared to the data for the last month of 2022 G.). As a result, over the week on the ICE exchange, cocoa quotes rose from $2,564 to $2,722 per ton, or 6.16%, coffee quotes rose from $1.7475 to $1.887 per pound, or 7.98%, sugar quotes fell from 0.2158 to $0.2141 per pound, or 0.79%. Dynamics of coffee, cocoa and sugar on the ICE ...